Cramer's Mad Money- Phone War or Phony War? (1/7/10)

by: Miriam Metzinger

Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Thursday January 7.

Phone War or Phony War? Apple (NASDAQ:AAPL), Google (NASDAQ:GOOG)

There is much ado about the so-called "phone war" between Apple (OTC:APPL) and Google(GOOG) after the latter released its Nexus One; "You’d think these two companies were locked in a steel cage claymation death match war of annihilation. Stalingrad. Tarawa. Iwo Jima," said Cramer, who said instead of a phone war, the non-existent battle of the phones is a "phony war" invented by the press. There is room for both Apple and Google, especially since SmartPhones comprise only 15% of the handset market. Cramer predicts huge growth for both companies and thinks Google will reach $750 and Apple will hit $300.

Unsafe as E-House (NYSE:EJ), China Unicom (NYSE:CHU), iShares FTSE Xinhua (OTC:IFXAF)

Sometimes the fundamentals don't tell the whole story. While business may seem to be booming, a chart may tell a very different story. Cramer says Chinese real estate play, E-House (EJ) demonstrates this principle."This is an ultra, ultra, ultra steamin' high-growth Chinese company," Cramer said. "This has great looking fundamentals, but, this is what's important, it has a hideous, suspicious looking chart." Cramer says there are safer Chinese stocks, like China Unicom (CHU) or iShares FTSE Xinhua (OTC:IFXAF)

Trend of a Lifetime: Crown Castle (NYSE:CCI), American Tower (NYSE:AMT), SBC Communications (NASDAQ:SBAC), Skyworks Solutions (NASDAQ:SWKS), Altera (NASDAQ:ALTR), Cypress Semiconductors (NASDAQ:CY), Xilinx (NASDAQ:XLNX), Amazon (NASDAQ:AMZN), Cisco (NASDAQ:CSCO), Electronic Arts (ERTS), Qualcomm (NASDAQ:QCOM)

"This won’t be the first time you hear me sing the praises of the mobile Internet," Cramer said. "It won’t be the last, either, because I think that this is the single greatest investing theme in my life. This is the biggest secular growth trend and the biggest product cycle I have ever seen, larger even than the widespread adoption of the P.C. or the rise of the old-fashioned Internet. I'm not kidding!"

Cramer says Apple and Google still top the list as the best picks for the mobile internet tsunami, but other great plays include: Crown Castle (CCI), American Tower (AMT), SBC Communications (SBAC), Skyworks Solutions (SWKS), Altera (ALTR), Cypress (CY), Xilinx (XLNX), Amazon (AMZN), Cisco (CSCO), Electronic Arts (ERTS), Qualcomm (QCOM).

CEO Interview Robert Greifeld, Nasdaq OMX Group (NASDAQ:NDAQ)

Cramer and Greifeld talked about the state of trading, specifically in the area of tech. IPOs for new techs are coming to fruition, particularly in the areas of social media and semiconductors. Greifeld thinks trading in recent times has become faster and fairer, and investors who fled to bonds in the panic of 2008-9 are going to return to stocks. Tech is an exciting place to invest, and Brazilian and Norwegian stocks combine safety and growth potential.


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